In the evolving intersection between blockchain and traditional finance, “crypto stocks” like Coinbase, MicroStrategy (now Strategy), Riot, Hive, and Bitdeer are drawing investor attention. These companies provide indirect exposure to crypto—Coinbase through exchange services, MicroStrategy via its massive bitcoin treasury, and Bitdeer in mining infrastructure. MicroStrategy stock surged over 400% in 2024, riding on its bitcoin holdings, while Coinbase, Riot, and Hive saw mixed performance this year . Meanwhile, Bitdeer’s SPAC debut in 2023 and Block’s efforts with proprietary mining chips underscore diversification in crypto-related equities . With bitcoin finding its footing above $104 k, crypto stocks offer a way for investors to access the sector with less volatility than spot coins. But success depends on both savvy execution and broader crypto market dynamics—making timing and due diligence crucial.
